Hampden County Economic Overview
Regional Trends
- As of 2019 the region’s population increased by 0.2% since 2014, growing by 886. Population is expected to increase by 0.5% between 2019 and 2024, adding 2,128.
- From 2014 to 2019, jobs increased by 4.7% in Hampden County, MA from 222,291 to 232,701. This change fell short of the national growth rate of 7.3% by 2.6%. As the number of jobs increased, the labor force participation rate increased from 58.3% to 60.7% between 2014 and 2019.
- Concerning educational attainment, 15.0% of Hampden County, MA residents possess a Bachelor’s Degree (3.8% below the national average), and 9.0% hold an Associate’s Degree (1.0% above the national average).
- The top three industries in 2019 are Individual and Family Services, Education and Hospitals (Local Government), and Restaurants and Other Eating Places.
Population | Labor Force | Jobs | Cost of Living | GRP | Imports | Exports | |
2019 |
2019 | 2019 | |||||
Hampden County | 470,422 | 235,338 | 232,701 | 116.7 | $24.9 B | $25.7B | $25.1B |
Massachusetts | 6,937,156 | 3,840,590 | 4,011,409 | 130.5 | $584.8B | $382.0B | $478.0B |
GRP-Gross Regional Product
Population Characteristics
EMSI February 2020